2017-05-11T12:35:18-05:00 2016-06-30 450250958 EIDE BAILLY LLP 1850 N CENTRAL AVE STE 400 PHOENIX AZ 850044624 990 2015-07-01 274662958 INDEPENDENT SCHOOLS CORPORATE TAX FOUNDATION INDE 5202972288 3219 E CAMELBACK ROAD SUITE 288 PHOENIX AZ 85018 JENNIFER CHERILLA PRESIDENT 5202972288 2017-05-10 1 BRENDA BLUNT P00075126 6022645844 2017-05-10 2015 2021-01-29 14:40:06Z JENNIFER CHERILLA 3219 E CAMELBACK RD STE 288 PHOENIX AZ 85018 1351563 0 X WWW.ISCTF.ORG X 2011 AZ TO PROVIDE SCHOLARSHIPS AND GRANTS FOR PRIVATE SCHOOL TUITION TO STUDENTS ATTENDING PRIVATE SCHOOLS IN ARIZONA. 5 0 0 0 0 0 1500000 1350000 0 0 1727 1563 0 0 1501727 1351563 861786 892800 0 0 0 0 0 0 0 53776 20448 915562 913248 586165 438315 2250396 2993911 1272800 1578000 977596 1415911 TO PROVIDE SCHOLARSHIPS AND GRANTS FOR PRIVATE SCHOOL TUITION TO STUDENTS ATTENDING PRIVATE SCHOOLS IN ARIZONA. 0 0 892800 892800 TO PROVIDE SCHOLARSHIPS AND GRANTS FOR PRIVATE SCHOOL TUITION TO STUDENTS IN NEED WHO ARE ATTENDING PRIVATE SCHOOLS IN ARIZONA. 115 INDIVIDUALS RECEIVED SCHOLARSHIPS DURING THE CURRENT FISCAL YEAR. 892800 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 1 0 1 0 0 0 0 0 0 0 0 0 0 0 0 X 5 0 1 0 1 0 1 1 0 1 1 0 0 1 1 1 1 1 1 0 0 0 AZ X STEPHANIE MCLACHLAN 6029558200 3901 EAST STANFORD DRIVE PARADISE VALLEY AZ 85253 X KATHRYN ANN PETERS PRESIDENT/CEO 3.00 40.00 X X 0 154519 22962 ROZ ABERO SECRETARY/TREASURER 3.00 40.00 X X 0 158418 7237 REBECCA CORDIER VICE PRESIDENT 3.00 40.00 X X 0 84200 0 KELLY PEREZ DIRECTOR 3.00 40.00 X 0 58464 7842 MARY BABBIT DIRECTOR 3.00 40.00 X 0 74924 0 0 530525 38041 0 0 1 0 0 1350000 1350000 1563 1563 1351563 0 0 1563 892800 892800 11100 11100 3783 3783 5000 5000 160 160 405 405 913248 892800 20448 0 1104130 1846082 1146266 1147829 2250396 2993911 1900 2500 1270900 1575500 1272800 1578000 X 977596 1415911 977596 1415911 2250396 2993911 438315 0 X 0 0 1 0 X X 150 ALL SAINTS' EPISCOPAL DAY SCHOOL 860133389 1 1 265200 0 PHOENIX COUNTRY DAY SCHOOL 860172671 2 1 256200 0 THE GREGORY SCHOOL 860374130 2 1 20000 0 GREEN FIELDS COUNTRY DAY SCHOOL 860192719 2 1 20000 0 BROPHY COLLEGE PREPARATORY 860119984 1 0 2500 0 NEW WAY ACADEMY 860215781 2 0 5100 0 XAVIER COLLEGE PREPARATORY ROMAN CATHOLIC HIGH SCHOOL 263832736 1 0 19200 0 150 588200 0 0 1 0 0 1 0 0 0 0 0 0 0 0 0 0 0 1 1 PART I, LINE 11F AND PART IV, SECTION A, LINE 1 INDEPENDENT SCHOOLS CORPORATE TAX FOUNDATION SUPPORTS BENEFICIARY ORGANIZATIONS WHICH ARE DESIGNATED BY BOTH BEING NAMED SPECIFICALLY IN THE ORGANIZING DOCUMENTS AND BY CLASS OR PURPOSE, THE NUMBER OF WHICH IS AN ESTIMATE BASED ON INFORMATION FOUND AT HTTPS://WWW.PRIVATESCHOOLREVIEW.COM/ARIZONA. PART I, LINE 11G AS PERMITTED UNDER INTERNAL REVENUE CODE SECTION 509(A)(3) AND TREASURY REGULATION SECTION 1.509(A)-4 (D)(2)(I)(B), INDEPENDENT SCHOOLS CORPORATE TAX FOUNDATION IS ORGANIZED AND OPERATED TO SUPPORT OR BENEFIT ONE OR MORE BENEFICIARY ORGANIZATIONS WHICH ARE DESIGNATED BY BOTH BEING NAMED SPECIFICALLY IN THE ORGANIZING DOCUMENTS AND BY CLASS OR PURPOSE DEFINED AS FOLLOWS: ORGANIZATIONS WHICH ARE DESCRIBED IN SECTIONS 501(C)(3) AND 509(A)(1), 509(A)(2) OR 170(B)(1)(A) OF THE INTERNAL REVENUE CODE OF 1986, AS AMENDED, AND WHICH ARE OPERATING ONE OR MORE PRIVATE SCHOOLS IN ARIZONA FOR THE EDUCATION OF CHILDREN IN GRADES KINDERGARTEN THROUGH TWELFTH GRADES, OR SOME PORTION THEREOF. THE EXACT IDENTITY OF THE ORGANIZATIONS FITTING WITHIN THE CLASS OR PURPOSE DESCRIBED IS UNKNOWN TO THE ORGANIZATION AS THEY MAY FORM OR TERMINATE WITHOUT NOTICE TO THE ORGANIZATION. ACCORDINGLY, ONLY THOSE SUPPORTED ORGANIZATIONS WHO, DURING THE YEAR, RECEIVED SCHOLARSHIP MONEY ON BEHALF OF STUDENTS ATTENDING THEIR SCHOOLS ARE LISTED. PART IV, SECTION A, LINE 2 AMONG THE ORGANIZATIONS KNOWN TO BE IN THE SUPPORTED CLASS ARE CHURCHES WHO OPERATE PRIVATE SCHOOLS. AS CHURCHES, THEY ARE NOT REQUIRED TO APPLY FOR TAX-EXEMPT STATUS AND, ACCORDINGLY, DO NOT HAVE AN IRS DETERMINATION OF STATUS UNDER SECTION 509(A)(1) OR (2). CHURCHES ARE PER SE 509(A)(1) ORGANIZATIONS UNDER IRC SECTION 170(B)(I)(A)(II). PART IV, SECTION A, LINE 5A AND 5B AS THE ORGANIZATION HAS GROWN, ITS BOARD HAS RECOGNIZED THAT THE MEMBER ORGANIZATIONS HAVE LIMITATIONS WITH RESPECT TO THE NUMBER OF STUDENTS WHO CAN BE SERVED. LIMITATIONS DUE TO THEIR PHYSICAL CAMPUS AND STAFF CAPACITY, ACCESSIBILITY DUE TO THE DISTANCE BETWEEN QUALIFIED STUDENTS AND THE LOCATIONS OF THE MEMBER SCHOOLS, INABILITY TO SERVE CHILDREN WITH CERTAIN PHYSICAL AND/OR DEVELOPMENTAL SPECIAL NEEDS, OR INABILITY TO OTHERWISE SERVE STUDENTS WITH NEEDS SUCH THAT STUDENTS MAY LEARN BEST WITH ACCOMODATIONS, CURRICULUM OR SUPPORT SERVICES OTHER THAN THOSE AVAILABLE AT THE MEMBER SCHOOLS ALL CREATED BARRIERS TO SERVING THE MAXIMUM POSSIBLE NUMBER OF STUDENTS. BECAUSE IT IS CORE TO THE MISSION OF THE MEMBER SCHOOLS TO PROVIDE FOR THE PRIVATE EDUCATION OF AS MANY CHILDREN AS POSSIBLE, AND AS PERMITTED UNDER INTERNAL REVENUE CODE SECTION 509(A)(3) AND TREASURY REGULATION SECTION 1.509(A)-4 (D)(2)(I)(B), INDEPENDENT SCHOOLS CORPORATE TAX FOUNDATION AMENDED ITS ARTICLES OF INCORPORATION TO EXPAND ITS SUPPORTED ORGANIZATIONS FROM THE FOUR ORIGINAL SUPPORTED ORGANIZATIONS TO ALL ORGANIZATIONS DESIGNATED BY CLASS OR PURPOSE DEFINED AS FOLLOWS: ORGANIZATIONS DESCRIBED IN SECTIONS 501(C)(3) AND 509(A)(1), 509(A)(2) OR 170(B)(1)(A) OF THE INTERNAL REVENUE CODE OF 1986, AS AMENDED, WHICH ARE OPERATING ONE OR MORE ARIZONA PRIVATE SCHOOLS FOR THE EDUCATION OF CHILDREN IN GRADES KINDERGARTEN THROUGH TWELFTH GRADES, OR SOME PORTION THEREOF. PART IV, SECTION B, LINE 2 THE ORGANIZATION IS CONTROLLED BY FOUR SPECIFIED MEMBERS OF THE SUPPORTED CLASS OR ORGANIZATIONS. PART IV, SECTION A, LINE 1 AS PERMITTED UNDER INTERNAL REVENUE CODE SECTION 509(A)(3) AND TREASURY REGULATION SECTION 1.509(A)-4 (D)(2)(I)(B), INDEPENDENT SCHOOLS CORPORATE TAX FOUNDATION IS ORGANIZED AND OPERATED TO SUPPORT OR BENEFIT ONE OR MORE BENEFICIARY ORGANIZATIONS WHICH ARE DESIGNATED BY CLASS OR PURPOSE AS FOLLOWS: ORGANIZATIONS WHICH ARE DESCRIBED IN SECTIONS 501(C)(3) AND 509(A)(1), 509(A)(2) OR 170(B)(1)(A) OF THE INTERNAL REVENUE CODE OF 1986, AS AMENDED, AND WHICH ARE OPERATING ONE OR MORE PRIVATE SCHOOLS IN ARIZONA FOR THE EDUCATION OF CHILDREN IN GRADES KINDERGARTEN THROUGH TWELFTH GRADES, OR SOME PORTION THEREOF. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 X 1361863 10300 10300 1351563 0 1351563 923548 10300 10300 913248 0 913248 PART X, LINE 2: MANAGEMENT BELIEVES THAT IT HAS APPROPRIATE SUPPORT FOR ANY TAX POSITIONS TAKEN AFFECTING THE FOUNDATION'S ANNUAL FILING REQUIREMENTS, AND AS SUCH, DOES NOT HAVE ANY UNCERTAIN TAX POSITIONS THAT ARE MATERIAL TO THE FINANCIAL STATEMENTS. 1 SCHOLARSHIPS 115 892800 PART I, LINE 2: THE ORGANIZATION PAYS THE SCHOLARSHIP AWARD DIRECTLY TO THE SCHOOL THE STUDENT IS ATTENDING. WE ALSO RECEIVE FOLLOW-UP REPORTS FROM EACH OF THE SCHOOLS TO ENSURE ONGOING COMPLIANCE WITH THE AWARD CONDITIONS. 0 0 0 0 0 0 0 0 0 KATHRYN ANN PETERS PRESIDENT/CEO 0 154519 0 0 0 0 0 16249 0 8188 0 178956 0 0 ROZ ABERO SECRETARY/TREASURER 0 158418 0 0 0 0 0 0 0 8768 0 167186 0 0 FORM 990, PART VI, SECTION A, LINE 2 KATHRYN ANN PETERS AND ROZ ABERO HAVE A BUSINESS RELATIONSHIP. FORM 990, PART VI, SECTION A, LINE 4 AS THE ORGANIZATION HAS GROWN, ITS BOARD HAS RECOGNIZED THAT THE MEMBER ORGANIZATIONS HAVE LIMITATIONS WITH RESPECT TO THE NUMBER OF STUDENTS WHO CAN BE SERVED. LIMITATIONS DUE TO THEIR PHYSICAL CAMPUS AND STAFF CAPACITY, ACCESSIBILITY DUE TO THE DISTANCE BETWEEN QUALIFIED STUDENTS AND THE LOCATIONS OF THE MEMBER SCHOOLS, INABILITY TO SERVE CHILDREN WITH CERTAIN PHYSICAL AND/OR DEVELOPMENTAL SPECIAL NEEDS, OR INABILITY TO OTHERWISE SERVE STUDENTS WITH NEEDS SUCH THAT STUDENTS MAY LEARN BEST WITH ACCOMODATIONS, CIRRICULUM OR SUPPORT SERVICES OTHER THAN THOSE AVAILABLE AT THE MEMBER SCHOOLS ALL CREATED BARRIERS TO SERVING THE MAXIMUM POSSIBLE NUMBER OF STUDENTS. BECAUSE IT IS CORE TO THE MISSION OF THE MEMBER SCHOOLS TO PROVIDE FOR THE PRIVATE EDUCATION OF AS MANY CHILDREN AS POSSIBLE, AND AS PERMITTED UNDER INTERNAL REVENUE CODE SECTION 509(A)(3) AND TREASURY REGULATION SECTION 1.509(A)-4 (D)(2)(I)(B), INDEPENDENT SCHOOLS CORPORATE TAX FOUNDATION AMENDED ITS ARTICLES OF INCORPORATION TO EXPAND ITS SUPPORTED ORGANIZATIONS FROM THE FOUR ORIGINAL SUPPORTED ORGANIZATIONS TO ALL ORGANIZATIONS DESIGNATED BY CLASS OR PURPOSE AS FOLLOWS: ORGANIZATIONS DESCRIBED IN SECTIONS 501(C)(3) AND 509(A)(1), 509(A)(2) OR 170(B)(1)(A) OF THE INTERNAL REVENUE CODE OF 1986, AS AMENDED, WHICH ARE OPERATING ONE OR MORE ARIZONA PRIVATE SCHOOLS FOR THE EDUCATION OF CHILDREN IN GRADES KINDERGARTEN THROUGH TWELFTH GRADES, OR SOME PORTION THEREOF. FORM 990, PART VI, SECTION A, LINE 6 THE ORGANIZATION'S MEMBERS ARE ALL SAINT'S EPISCOPAL DAY SCHOOL, A DIVISION OF ALL SAINT'S EPISCOPAL CHURCH; PHOENIX COUNTRY DAY SCHOOL; THE GREGORY SCHOOL AND GREEN FIELDS COUNTRY DAY SCHOOL. FORM 990, PART VI, SECTION A, LINE 7A EACH MEMBER IS ENTITLED TO APPOINT AN INDIVIDUAL TO THE BOARD. FORM 990, PART VI, SECTION B, LINE 11 FORM 990 WILL BE PRESENTED AS A DRAFT TO THE FOUNDATION'S PRESIDENT AND TREASURER FOR REVIEW PRIOR TO ITS FILING. AN OPEN INVITATION SHALL BE GIVEN TO ALL MEMBERS OF THE FOUNDATION'S BOARD OF DIRECTORS AND TO ITS OFFICERS TO REVIEW AND COMMENT ON THE FORM 990. FORM 990, PART VI, SECTION B, LINE 12C THE ORGANIZATION REGULARLY MONITORS ITS COMPLIANCE WITH THE CONFLICT OF INTEREST POLICY OBTAINING ANNUAL SIGNED CONFLICT OF INTEREST POLICY ACKNOWLEDGEMENTS FROM EVERY BOARD MEMBER AND OFFICER. FORM 990, PART VI, SECTION B, LINE 15 INDEPENDENT SCHOOLS CORPORATE TAX FOUNDATION DOES NOT COMPENSATE THEIR CEO OR TOP MANAGEMENT OFFICIAL. ALL COMPENSATION IS DETERMINED BY EACH MEMBER'S RESPECTIVE EMPLOYERS WITHOUT REGARD TO THEIR EFFORTS ON BEHALF OF INDEPENDENT SCHOOLS CORPORATE TAX FOUNDATION. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION WILL PROVIDE ITS ARTICLES OF INCORPORATION, BYLAWS, AND CONFLICTS OF INTEREST POLICY UPON REQUEST. PART VII: HOURS WORKED FOR RELATED ORGANIZATION EACH OF THE DIRECTORS WORKED FOR A RELATED ORGANIZATION ON A FULL-TIME BASIS (APPROXIMATELY 40 HOURS A WEEK). NONE OF THE DIRECTORS ARE COMPENSATED FOR THEIR TIME WORKING FOR THE INDEPENDENT SCHOOLS CORPORATE TAX FOUNDATION. ALL SAINTS' EPISCOPAL DAY SCHOOL 6300 NORTH CENTRAL AVENUE PHOENIX AZ 85012 860133389 CHURCH/RELIGIOUS SCHOOL AZ 501(C)(3) LINE 1 0 PHOENIX COUNTRY DAY SCHOOL 3901 EAST STANFORD DRIVE PARADISE VALLEY AZ 85253 860172671 PRIVATE SCHOOL AZ 501(C)(3) LINE 2 0 THE GREGORY SCHOOL 3231 NORTH CRAYCROFT ROAD TUSCON AZ 85712 860374130 PRIVATE SCHOOL AZ 501(C)(3) LINE 2 0 GREEN FIELDS COUNTRY DAY SCHOOL 6000 CAMINO DE LA TIERRA TUSCON AZ 85741 860192719 PRIVATE SCHOOL AZ 501(C)(3) LINE 2 0 BROPHY COLLEGE PREPARATORY 4701 N CENTRAL AVENUE PHOENIX AZ 85012 860119984 CHURCH/RELIGIOUS SCHOOL AZ 0 NEW WAY ACADEMY 5048 E OAK STREET PHOENIX AZ 85008 860215781 PRIVATE SCHOOL AZ 0 XAVIER COLLEGE PREPARATORY ROMAN CATHOLIC HIGH SCHOOL 4710 N 5TH STREET PHOENIX AZ 85012 263832736 CHURCH/RELIGIOUS SCHOOL AZ 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 1 0 1 0 PART II AS PERMITTED UNDER INTERNAL REVENUE CODE SECTION 509(A)(3) AND TREASURY REGULATION SECTION 1.509(A)-4 (D)(2)(I)(B), INDEPENDENT SCHOOLS CORPORATE TAX FOUNDATION IS ORGANIZED AND OPERATED TO SUPPORT OR BENEFIT ONE OR MORE BENEFICIARY ORGANIZATIONS WHICH ARE DESIGNATED BY CLASS OR PURPOSE AS FOLLOWS: ORGANIZATIONS WHICH ARE DESCRIBED IN SECTIONS 501(C)(3) AND 509(A)(1), 509(A)(2) OR 170(B)(1)(A) OF THE INTERNAL REVENUE CODE OF 1986, AS AMENDED, AND WHICH ARE OPERATING ONE OR MORE PRIVATE SCHOOLS IN ARIZONA FOR THE EDUCATION OF CHILDREN IN GRADES KINDERGARTEN THROUGH TWELFTH GRADES, OR SOME PORTION THEREOF. THE EXACT IDENTITY OF THE ORGANIZATIONS FITTING WITHIN THE CLASS OR PURPOSE DESCRIBED IS UNKNOWN TO THE ORGANIZATION AS THEY MAY FORM OR TERMINATE WITHOUT NOTICE TO THE ORGANIZATION. ACCORDINGLY, ONLY THOSE SUPPORTED ORGANIZATIONS WHO, DURING THE YEAR, RECEIVED SCHOLARSHIP MONEY ON BEHALF OF STUDENTS ATTENDING THEIR SCHOOLS ARE LISTED.